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Tenon Medical (TNON) Competitors

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$0.20 +0.00 (+0.10%)
As of 12:13 PM Eastern
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TNON vs. SURG, CODX, QNRX, NXL, and ALUR

Should you buy Tenon Medical stock or one of its competitors? MarketBeat compares Tenon Medical with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Tenon Medical include SurgePays (SURG), Co-Diagnostics (CODX), Quoin Pharmaceuticals (QNRX), Nexalin Technology (NXL), and Allurion Technologies (ALUR). These companies are all part of the "medical equipment" industry.

How does Tenon Medical compare to SurgePays?

Tenon Medical (NASDAQ:TNON) and SurgePays (NASDAQ:SURG) are both small-cap medical equipment companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, risk, earnings, media sentiment, institutional ownership, profitability and dividends.

22.7% of Tenon Medical shares are held by institutional investors. Comparatively, 6.9% of SurgePays shares are held by institutional investors. 17.7% of Tenon Medical shares are held by company insiders. Comparatively, 29.1% of SurgePays shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

SurgePays has a net margin of -64.91% compared to Tenon Medical's net margin of -270.09%. SurgePays' return on equity of 0.00% beat Tenon Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Tenon Medical-270.09% -907.60% -110.17%
SurgePays -64.91%N/A -310.16%

SurgePays has a consensus price target of $3.50, suggesting a potential upside of 973.62%. Given SurgePays' higher possible upside, analysts clearly believe SurgePays is more favorable than Tenon Medical.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tenon Medical
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
SurgePays
2 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.67

Tenon Medical has a beta of 1.36, meaning that its stock price is 36% more volatile than the broader market. Comparatively, SurgePays has a beta of 0.38, meaning that its stock price is 62% less volatile than the broader market.

Tenon Medical has higher earnings, but lower revenue than SurgePays. SurgePays is trading at a lower price-to-earnings ratio than Tenon Medical, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tenon Medical$4.60M0.52-$12.56M-$1.29N/A
SurgePays$62.37M0.13-$36.07M-$1.94N/A

In the previous week, Tenon Medical and Tenon Medical both had 3 articles in the media. SurgePays' average media sentiment score of 1.87 beat Tenon Medical's score of 0.30 indicating that SurgePays is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tenon Medical
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
SurgePays
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Summary

Tenon Medical beats SurgePays on 8 of the 14 factors compared between the two stocks.

How does Tenon Medical compare to Co-Diagnostics?

Tenon Medical (NASDAQ:TNON) and Co-Diagnostics (NASDAQ:CODX) are both small-cap medical companies, but which is the superior stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, profitability, analyst recommendations, risk, dividends, earnings and valuation.

Tenon Medical has a beta of 1.36, meaning that its share price is 36% more volatile than the broader market. Comparatively, Co-Diagnostics has a beta of 2.84, meaning that its share price is 184% more volatile than the broader market.

22.7% of Tenon Medical shares are owned by institutional investors. Comparatively, 15.0% of Co-Diagnostics shares are owned by institutional investors. 17.7% of Tenon Medical shares are owned by insiders. Comparatively, 5.4% of Co-Diagnostics shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Tenon Medical has higher revenue and earnings than Co-Diagnostics. Tenon Medical is trading at a lower price-to-earnings ratio than Co-Diagnostics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tenon Medical$4.60M0.52-$12.56M-$1.29N/A
Co-Diagnostics$620K14.64-$46.90M-$15.77N/A

Tenon Medical has a net margin of -270.09% compared to Co-Diagnostics' net margin of -6,760.63%. Co-Diagnostics' return on equity of -164.92% beat Tenon Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Tenon Medical-270.09% -907.60% -110.17%
Co-Diagnostics -6,760.63%-164.92%-141.15%

Co-Diagnostics has a consensus price target of $67.50, suggesting a potential upside of 2,643.90%. Given Co-Diagnostics' higher possible upside, analysts plainly believe Co-Diagnostics is more favorable than Tenon Medical.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tenon Medical
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Co-Diagnostics
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Tenon Medical had 1 more articles in the media than Co-Diagnostics. MarketBeat recorded 3 mentions for Tenon Medical and 2 mentions for Co-Diagnostics. Co-Diagnostics' average media sentiment score of 0.94 beat Tenon Medical's score of 0.30 indicating that Co-Diagnostics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tenon Medical
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Co-Diagnostics
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Tenon Medical beats Co-Diagnostics on 9 of the 14 factors compared between the two stocks.

How does Tenon Medical compare to Quoin Pharmaceuticals?

Quoin Pharmaceuticals (NASDAQ:QNRX) and Tenon Medical (NASDAQ:TNON) are both small-cap medical companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, analyst recommendations, valuation, profitability, dividends, risk, media sentiment and institutional ownership.

Tenon Medical has higher revenue and earnings than Quoin Pharmaceuticals. Tenon Medical is trading at a lower price-to-earnings ratio than Quoin Pharmaceuticals, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Quoin PharmaceuticalsN/AN/A-$15.81M-$29.56N/A
Tenon Medical$4.60M0.52-$12.56M-$1.29N/A

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Quoin Pharmaceuticals
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Tenon Medical
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Quoin Pharmaceuticals has a net margin of 0.00% compared to Tenon Medical's net margin of -270.09%. Quoin Pharmaceuticals' return on equity of -489.85% beat Tenon Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Quoin PharmaceuticalsN/A -489.85% -221.29%
Tenon Medical -270.09%-907.60%-110.17%

In the previous week, Tenon Medical had 1 more articles in the media than Quoin Pharmaceuticals. MarketBeat recorded 3 mentions for Tenon Medical and 2 mentions for Quoin Pharmaceuticals. Tenon Medical's average media sentiment score of 0.30 beat Quoin Pharmaceuticals' score of 0.22 indicating that Tenon Medical is being referred to more favorably in the news media.

Company Overall Sentiment
Quoin Pharmaceuticals Neutral
Tenon Medical Neutral

Quoin Pharmaceuticals has a beta of 1.52, meaning that its share price is 52% more volatile than the broader market. Comparatively, Tenon Medical has a beta of 1.36, meaning that its share price is 36% more volatile than the broader market.

8.6% of Quoin Pharmaceuticals shares are held by institutional investors. Comparatively, 22.7% of Tenon Medical shares are held by institutional investors. 13.5% of Quoin Pharmaceuticals shares are held by insiders. Comparatively, 17.7% of Tenon Medical shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Tenon Medical beats Quoin Pharmaceuticals on 8 of the 12 factors compared between the two stocks.

How does Tenon Medical compare to Nexalin Technology?

Tenon Medical (NASDAQ:TNON) and Nexalin Technology (NASDAQ:NXL) are both small-cap medical equipment companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, profitability, earnings, dividends, media sentiment, valuation, risk and analyst recommendations.

22.7% of Tenon Medical shares are owned by institutional investors. Comparatively, 0.6% of Nexalin Technology shares are owned by institutional investors. 17.7% of Tenon Medical shares are owned by company insiders. Comparatively, 25.3% of Nexalin Technology shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Tenon Medical has a net margin of -270.09% compared to Nexalin Technology's net margin of -3,018.12%. Nexalin Technology's return on equity of -191.88% beat Tenon Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Tenon Medical-270.09% -907.60% -110.17%
Nexalin Technology -3,018.12%-191.88%-166.43%

In the previous week, Tenon Medical had 1 more articles in the media than Nexalin Technology. MarketBeat recorded 3 mentions for Tenon Medical and 2 mentions for Nexalin Technology. Nexalin Technology's average media sentiment score of 1.89 beat Tenon Medical's score of 0.30 indicating that Nexalin Technology is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tenon Medical
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Nexalin Technology
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Tenon Medical has a beta of 1.36, suggesting that its stock price is 36% more volatile than the broader market. Comparatively, Nexalin Technology has a beta of 4, suggesting that its stock price is 300% more volatile than the broader market.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tenon Medical
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Nexalin Technology
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Nexalin Technology has lower revenue, but higher earnings than Tenon Medical. Nexalin Technology is trading at a lower price-to-earnings ratio than Tenon Medical, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tenon Medical$4.60M0.52-$12.56M-$1.29N/A
Nexalin Technology$275.58K35.94-$8.22M-$0.47N/A

Summary

Tenon Medical beats Nexalin Technology on 8 of the 15 factors compared between the two stocks.

How does Tenon Medical compare to Allurion Technologies?

Tenon Medical (NASDAQ:TNON) and Allurion Technologies (NYSE:ALUR) are both small-cap medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their risk, valuation, analyst recommendations, profitability, media sentiment, earnings, dividends and institutional ownership.

Allurion Technologies has a net margin of -199.96% compared to Tenon Medical's net margin of -270.09%. Allurion Technologies' return on equity of 0.00% beat Tenon Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Tenon Medical-270.09% -907.60% -110.17%
Allurion Technologies -199.96%N/A -77.13%

Allurion Technologies has higher revenue and earnings than Tenon Medical. Allurion Technologies is trading at a lower price-to-earnings ratio than Tenon Medical, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tenon Medical$4.60M0.52-$12.56M-$1.29N/A
Allurion Technologies$17.21M0.51-$7.20M-$2.03N/A

Tenon Medical has a beta of 1.36, indicating that its share price is 36% more volatile than the broader market. Comparatively, Allurion Technologies has a beta of -0.13, indicating that its share price is 113% less volatile than the broader market.

22.7% of Tenon Medical shares are owned by institutional investors. Comparatively, 21.4% of Allurion Technologies shares are owned by institutional investors. 17.7% of Tenon Medical shares are owned by insiders. Comparatively, 8.1% of Allurion Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Allurion Technologies has a consensus target price of $45.00, indicating a potential upside of 7,658.62%. Given Allurion Technologies' higher possible upside, analysts plainly believe Allurion Technologies is more favorable than Tenon Medical.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tenon Medical
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Allurion Technologies
1 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Tenon Medical had 3 more articles in the media than Allurion Technologies. MarketBeat recorded 3 mentions for Tenon Medical and 0 mentions for Allurion Technologies. Tenon Medical's average media sentiment score of 0.30 beat Allurion Technologies' score of 0.00 indicating that Tenon Medical is being referred to more favorably in the media.

Company Overall Sentiment
Tenon Medical Neutral
Allurion Technologies Neutral

Summary

Tenon Medical and Allurion Technologies tied by winning 7 of the 14 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TNON and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TNON vs. The Competition

MetricTenon MedicalMED INSTRUMENTS IndustryMedical SectorNASDAQ Exchange
Market Cap$2.38M$7.53B$6.87B$12.58B
Dividend YieldN/A1.31%2.68%9.45%
P/E Ratio-0.1650.4427.2124.30
Price / Sales0.5291.90516.6687.93
Price / CashN/A26.2048.6360.00
Price / Book1.127.2510.816.27
Net Income-$12.56M$162.30M$3.59B$331.55M
7 Day Performance-12.36%-0.39%-2.12%-1.53%
1 Month Performance-66.52%0.66%3.24%-0.59%
1 Year Performance-80.20%7.38%26.02%18.83%

Tenon Medical Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TNON
Tenon Medical
0.6125 of 5 stars
$0.20
+0.1%
N/A-80.2%$2.38M$4.60MN/A8
SURG
SurgePays
4.4989 of 5 stars
$0.41
+0.7%
$3.50
+747.5%
-89.0%$10.27M$56.96MN/A40
CODX
Co-Diagnostics
1.9958 of 5 stars
$2.59
-4.6%
$67.50
+2,511.2%
-68.9%$9.54M$620KN/A100
QNRX
Quoin Pharmaceuticals
0.6597 of 5 stars
$4.70
-2.1%
N/A-52.1%$9.45MN/AN/A4
NXL
Nexalin Technology
0.4273 of 5 stars
$0.43
+19.6%
N/A-54.0%$9.01M$300KN/A3

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This page (NASDAQ:TNON) was last updated on 7/16/2026 by MarketBeat.com Staff.
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